Starfleet Innotech Inc (SFIO)

[klimanjaro]

This bodes well for SFIO :
https://www.prnewswire.com/news-releases/focus-brands-sold-record-breaking-number-of-franchises-across-family-of-brands-in-2021-301456646.html


Atlanta-based Focus Brands is a leading developer of global multi-channel foodservice brands. Focus Brands, through its affiliate brands, is the franchisor and operator of more than 6,000 restaurants, cafes, ice cream shoppes, and bakeries in the United States.
To help its brands grow, Focus Brands and its franchise companies have prioritized meeting the ever-evolving demands of today's consumer. Key initiatives include leveraging technology and digital innovation to increase customer accessibility, and introducing new and modernized prototypes to promote convenience and support the industry-wide shift to off-premise dining. Focus Brands has also looked for opportunities to accelerate its co-branding franchise development efforts. To that end, in 2021, Jamba and Auntie Anne's opened a co-branded location in Wylie, Texas featuring the first-ever Auntie Anne's drive-thru and subsequently sold 33 franchises for additional Jamba and Auntie Anne's co-brand locations across the country. Auntie Anne's and Cinnabon recently signed a deal to bring 10 co-branded stores to New York City. McAlister's Deli also announced this year that they are on-track to be a billion-dollar brand by 2024, a first for one of Focus Brands' restaurant concepts.

Non-traditional restaurant expansion also played a major role in Focus Brands' growth in 2021. Deals were signed to open future locations in convenience stores, airports, amusement parks, colleges and universities, ghost kitchens and more. Today, across the entire family of brands, there are 972 non-traditional units open throughout the U.S. with an additional 270 units in the pipeline. This includes the recent opening of Jamba's second robotic kiosk pilot, Jamba by Blendid, with more locations in the pipeline